Bank of China - How to add Buy to Let Club as the payment route Using Buy to Let Club as the payment route: The Bank of China application form is attached to this document. Print and complete this application, complete with Buy to Let Club as a payment route. If you have already completed a blank application form, please ensure you indicate clearly that you are using Buy to Let Club as your payment route. 2 PERSONAL DETAILS (First Applicant) Mr Title / Mrs / Miss / Ms Other: Surname Forenames Date of Birth Intended retirement age Nationality Residency status If mortgage term past your retirement age, please answer question on page 7 Country of Residence Indefinite / Work Permit / Post study / Other: Home Address (For joint applications, correspondence will be sent to first applicant’s address) Postcode Years/Months at this address Home Tel number** Other contact number** E-mail Address* Preferred contact method @ Home Tel / Other contact number / E-mail / No preference Previous Address (If less than 3 years at current address) Postcode Years/Months at this Address Marital Status Single / Married / Civil Partnership / Widowed / Divorced / Other: Dependants (Name and age) Residential Status: Home Owner Tenant Is this property to be sold? Yes / No What is the expected selling price of your property? £ Is the property mortgaged? Yes / No Mortgage outstanding amount? £ Rent Payable per month £ Living with Parents Other Ref:012RBF082E20110301 *Please only supply this if you wish to contact us, and/or wish us to contact you, by email. **To ensure we carry out your instructions correctly, to help us continually improve our service and in the interest of security, we may monitor and/or record your telephone calls, e-messages, emails and other communications with us. 3 EMPLOYMENT/ SELF EMPLOYMENT DETAILS Employed: Permanent Temporary / / Probationary / Part Time / Contract / Title: Job nature: Length of time with current employer: ________________________ Employer name and address: ___________________________________________________________ ___________________________________________________________ Current Gross Income per annum: £___________________ Other Income before tax:(e.g Rental, Bonus) £___________________ How are you paid? Direct to bank / Cash / Cheque Please give, if any, further information to assist us in assessing your application: ………………………………………………………………………………….. ………………………………………………………………………………….. Self-Employed: Nature of Business __________________________________ Year of establishment __________________________________ Are you a Director / Partner / Sole Trader Current Personal Gross Income per annum: £___________________ Other Income before tax: (e.g Rental, Bonus) £___________________ Please give, if any, further information to assist us in assessing your application: ………………………………………………………………………………….. ………………………………………………………………………………….. Bank Details: Bank Name Length of time you have had the account? __________________________ Credit History During the last 3 years, have you ever been in arrears with your mortgage/rent payments? Yes No Any past, present, adverse credit history, county court judgments, bankruptcy or had a property repossessed before? Yes No Ref:012RBF082E20110301 4 PERSONAL DETAILS (Second Applicant) Mr Title / Mrs / Miss / Ms Other: Surname Forenames Date of Birth Intended retirement age If mortgage term past your retirement age, please answer question on page 7 Nationality Residency status Country of Residence Indefinite / Work Permit / Post study / Other: Home Address (For joint applications, correspondence will be sent to first applicant’s address) Postcode Years/Months at this address Home Tel number** Other contact number** @ E-mail Address* Preferred contact method Home Tel / Other contact number / E-mail / No preference Previous Addresses (If less than 3 years at current address) Postcode Years/Months at this Address Marital Status Single / Married / Civil Partnership / Widowed / Divorced / Other: Dependants (Name and age) Residential Status: Home Owner Tenant Is this property to be sold? Yes / No What is the expected selling price of your property? £ Is the property mortgaged? Yes / No Mortgage outstanding amount? £ Rent Payable per month £ Living with Parents Others Relationship with First Applicant: ___________________________________ Ref:012RBF082E20110301 *Please only supply this if you wish to contact us, and/or wish us to contact you, by email. **To ensure we carry out your instructions correctly, to help us continually improve our service and in the interest of security, we may monitor and/or record your telephone calls, e-messages, emails and other communications with us. 5 EMPLOYMENT/ SELF EMPLOYMENT DETAILS Employed: Permanent Temporary / / Probationary / Part Time / Contract / Title: Job nature: Length of time with current employer: ________________________ Employer name and address: ___________________________________________________________ ___________________________________________________________ Current Income per annum: £___________________ Other Income:(e.g Rental, Bonus) £___________________ How are you paid? Direct to bank / Cash / Cheque Please give, if any, further information to assist us in assessing your application: ………………………………………………………………………………….. ………………………………………………………………………………….. Self-Employed: Nature of Business __________________________________ Year of establishment __________________________________ Are you a Director / Partner / Sole Trader Current Personal Gross Income per annum: £___________________ Other Income before tax: (e.g Rental, Bonus) £___________________ Please give, if any, further information to assist us in assessing your application: ………………………………………………………………………………….. ………………………………………………………………………………….. Bank Details: Bank Name Length of time you have had the account? __________________________ Credit History During the last 3 years, have you ever been in arrears with your mortgage/rent payments? Yes No Any past, present, adverse credit history, county court judgments, bankruptcy or had a property repossessed before? Yes No Ref:012RBF082E20110301 6 MORTGAGE REQUIREMENTS AND PROPERTY DETAILS Loan Purpose Main Residence / Buy-to-Let / Commercial — Purchase / Re-Mortgage Amount required £ Repayment Period required Years Address of the property to be mortgaged: Postcode Purchase Price (If applicable) £ Is the property a new build Yes / No Valuation £ If yes, any incentives offered? ______________________ Is the Property Freehold Lease remaining (If applicable) __________________________ / Leasehold / Feudal / Share of Freehold Person (s) intending to live in the property (Not applicable for Buy-to-Let): Name:__________________________ Age:______ Name:__________________________ Age:______ Name:__________________________ Age:______ Name:__________________________ Age:______ Is the property being purchased with sitting tenants (BTL only)? Yes No Are you borrowing or being given any other money to assist with the purchase of this property, in addition to this Mortgage? Yes No Please state the amount and source(s) of deposit: _____________________________________________ Who should the valuer contact to gain access to the property: Name: ____________________________________________________ Contact number: ________________________ Vendor or Estate Agent selling the property: Name: ____________________________________________________ Address: __________________________________________________ Post code: ______________ Contact number: ________________________ Ref:012RBF082E20110301 7 MORTGAGE REQUIREMENTS AND PROPERTY DETAILS (Continue) Solicitor or Licensed Conveyancers who will act for you: ( Min. 2 principals in the firm are required ) Firm name: ________________________________ Firm Address: _________________________________________________________________ Contact Person: ________________________ Contact number: ________________________ Additional Information: (If applicable) If the term of the mortgage takes you past your retirement age, how do you intend to meet the repayments? Applicant 1 Applicant 2 Please use this section to note any additional information or requirements (if any) for your application: Ref:012RBF082E20110301 8 Statement of Income and Expenditure Name of Applicant 1: Name of Applicant 2: Annual Income: Applicant 1 Applicant 2 £ £ Gross Salary/Pre-tax net profit Previous year Discretionary Net Bonus/Commission Dividends Rental income Benefits Other income (give details) Annual Expenses: Proposed Bank of China Mortgage Loan Repayments per annum Current Outstanding balance Maturity Date Existing Loan, Lender Name: Loan Repayments per annum Current Outstanding balance Maturity Date Credit Card Annual Payment Current Outstanding balance Hire Purchase Annual Payment Current Outstanding balance Maturity Date Other existing loans Annual Payment Current Outstanding balance Ref:012RBF082E20110301 9 Tax National Insurance Other tax Life Assurance/Pension Contribution Council Tax Ground Rent/Service Charge Water, Electricity, Gas, Telephone, television/broadband Building/Contents Insurance Food and Clothing House Maintenance and repairs Expenses relating to cars (Insurance, maintenance, fuel, tax etc) Other Transport costs Household goods School fees Other expenses (holidays, entertainments, leisure etc) Ref:012RBF082E20110301 10 Intermediary Use Only (To be completed by Brokers only) Name of Intermediary (company) Financial Services Register number Tel number Fax number Address Postcode Name of contact Will this party be receiving commission? Was this mortgage sale advised For mortgage arranging are you? Yes No Yes No Directly Authorised / Appointed Representative (AR) Full name of principal (AR only) Financial Services Register no. of principal (AR only) Will the principal above be receiving commission? (AR only) Yes No Amount Fees Payable When is it payable? Refundable? Yes / No Brokerage fee Others: Please state Declaration I confirm that I am acting on behalf of the applicant (s) and have their permission to process, disclose and receive their information. I confirm that, to the best of my knowledge and belief, the information contained in this application is true. I confirm that the applicant (s) have received and been given time to consider a Key Facts Illustration for the mortgage applied for. Signature Print Name Date: Ref:012RBF082E20110301 11 AUTHORITY AND DECLARATIONS AUTHORITY TO COLLECT ARRANGEMENT FEE UPON ACCEPTANCE OF LOAN OFFER FROM THE BANK I / We hereby authorise Bank of China (UK) Limited to debit my/our account number: ______________________ for the Arrangement Fee of £___________________ and the Telegraphic Transfer Fee of £35.00 in relation to my/our mortgage application. Important Information The Arrangement Fee is charged upon acceptance of the Offer Letter and is NON-REFUNDABLE. The Telegraphic Transfer fee is in relation to the transfer of loan funds to your solicitors client account AUTHORITY TO CARRY OUT A VALUATION FOR MORTGAGE PURPOSES AND PAYMENT OF FEES I / We hereby authorise Bank of China (UK) Limited to arrange a valuation to be carried out for the purposes of assessing my/our mortgage application. Please debit my / our account numbered: _________________________ with Bank of China (UK) Limited for the cost of this. Alternatively, I enclose a cheque made payable to Bank of China (UK) Limited for the cost of this. (Please note that we will be required to wait for the cheque to clear before we can instruct the valuer. This can take up to 5 working days.) Important Information Once the valuer has been instructed, the fee is non-refundable, unless I / we give at least 24 hours notice before the actual inspection date. AUTHORITY TO COLLECT MORTGAGE PAYMENTS FROM CURRENT ACCOUNT I / We hereby authorise Bank of China (UK) Limited to debit my / our account numbered: ______________________ with the amount required to make the monthly repayment to my loan account number:___________________________ Important Information Please note that the monthly repayment amount is subject to variation each time the Bank of England Base Rate changes Ref:012RBF082E20110301 12 SIGNATURES– PLEASE READ THE AUTHORITY AND DECLARATIONS PAGE BEFORE SIGNING Important Information Please note Bank of China (UK) Limited does not give advice on regulated mortgage contracts. It has not been authorised to do so by the Financial Conduct Authority and Prudential Regulation Authority. We have not provided you with any advice or recommendations which might influence your choice of Mortgage. We strongly advise you to seek Independent Financial Advice if you have any queries or doubts about mortgages. Please also note that this Mortgage application is for us to assess the suitability of offering you a loan. We may require additional information from you from time to time. It does not guarantee or in any way imply your application is going to be successful. This Mortgage is not legally binding until an Offer is issued and you accept the terms and conditions of the Offer. The Bank will not accept responsibility or any loss if the Mortgage is declined. Declaration: - I / We declare the information which I / we have given on this application form is true and correct - I / We authorise the Bank to instruct valuers to carry out a valuation of the property and enclose payment to cover the valuation cost, which will not be refundable after the valuation has been carried out, unless at least 24 hours notice is given before the actual inspection date - I / We understand that you recommend that a detailed inspection of the property is carried out for my /our purposes - I / We understand that it may be necessary to show details of where the deposit came from for the property I / we are applying for a mortgage to buy - I / We confirm that an Initial Disclosure Document and a Key Facts Illustration have been provided in relation to this mortgage - I / We authorise you to make any credit reference and other enquiries including, but not limited to, contacting previous or current employers in accordance with your normal procedures in connection with this application - I / We authorise you to disclose information provided in this application form to third parties in order to prevent fraud - I / We agree that you may hold and process, by computer or otherwise, any information obtained about me / us as a consequence of this application and use it within the Bank of China Group computer systems for statistical analysis (including behaviour and credit scoring) - I / We understand that the Bank may pass my / our details to other companies within the Bank of China Group, who may contact me / us and provide me / us with information on additional products and services that they think may be of interest to me / us, and that if I / we do not want the Bank to do this, I / we can tick this box - I / We shall notify the Bank if, before any loan is drawn down, the information contained in this Application is found to be incorrect or the information contained in this Application changes - I/We am/are aware that this application is construed by the English version and the Bank will not be held responsible for any misunderstanding that may be caused by the Chinese translation. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Signature Print Name Date Signature Print Name Date For Bank Use Only Branch Ref: Interest Rate: Loan Officer: Date: Ref:012RBF082E20110301